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Loreto Incorporated has the following financial ratios: asset turnover =1.20; net profit margin (l.e., net income/sales) =7%; payout ratio = 25%; equitylassets =0.60. a. What

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Loreto Incorporated has the following financial ratios: asset turnover =1.20; net profit margin (l.e., net income/sales) =7%; payout ratio = 25%; equitylassets =0.60. a. What is Loreto's sustainable growth rate? b. What is its internal growth rate? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places

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